Solaria Residences

Medan Rajawali, Kampung Perlis, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

12 subsales grouped by size

Median
RM640,000
PSF
RM555
Price Size
Period
transactions middle 50% (P25–P75)
1,100 sqft
Condo
RM568,000
Level 21
1,087 sqft · RM522 PSF
RM660,000
Level 13
1,098 sqft · RM601 PSF
RM575,000
Level 23
1,098 sqft · RM524 PSF
RM595,000
Level 23
1,098 sqft · RM542 PSF
RM630,000
Level 20
1,098 sqft · RM574 PSF
RM635,000
Level 9
1,119 sqft · RM567 PSF
+4 more
1,650 sqft
Condo
RM700,000
Level 14
1,647 sqft · RM425 PSF
RM720,000
Level 21
1,647 sqft · RM437 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM640,000

RM555 psf

Median transaction price

Low

Does SOLARIA RESIDENCES rent out well?

Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Medan Rajawali, Kampung Perlis, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Solaria Residences in Barat Daya, Penang recorded 12 subsale transactions in 2023, with a median price of RM640K and a median price per square foot (PSF) of RM555.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM640K, with most transactions falling within a stable range of RM593K to RM687K, and a typical market range of RM602K to RM679K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM555, with core pricing between RM499 and RM611. Market pricing typically extends from RM525.09 to RM584.09, reflecting moderate variation in unit pricing. With an IQR of RM59.00 and MAD of RM56, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.